Backus–Smith puzzle and the European Union: It’s not just the nominal exchange rate
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More about this item
Keywords
Backus–Smith puzzle; real exchange rate; complete risk sharing; incomplete risk sharing;All these keywords.
JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
Statistics
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